350 Palmer Avenue, Falmouth, MA 02540

350 Palmer Avenue Falmouth MA 02540
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Owner Information
Owner 1
Michael P Lewis
Owner 2
Lewis Palmer Ave Rlty Trust
Owner's Address
P O Box 1038 Falmouth, MA 02541
Market Sale Information
Most recent sale date
5/24/1996
Previous sale date
5/23/1991
Transfer document #
10218-0157
Previous transfer document
07541-0346
Grantor
Samuel Vecchione
Previous grantor
Joan Economides
Most recent sale price
$350,000.00
Previous sale price
$365,000.00
Site Information
Property ID
38 02 015 000
Lot Size
0.39
Use Code
101 - Residential, single family
Zoning
GR
Building Style
Conventional
Number of Rooms
4
Stories
Number of Beds
2
Year Built
1900
Number of full baths
1
Condition
Average
Number of half baths
1
Finished Area
1433
Number of Kitchen
Gross Living Area
Number of Fireplaces
Bsmnt floot
Number of parking
0
Interior walls
Plaster
Floor type
Softwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Steam
Roof Cover
Asphalt
Heating fuel
Gas
Frame type
Wood
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$224,100.00
Total value
$437,600.00
Building value
$213,500.00
Estimated tax
$2,748.00
Yard improvement value
$0.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 350 Palmer Avenue Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $244.24 Style Conventional Age 1900 Rooms 4 Bedrooms 2 Full baths 1 Half baths 1 Gross Living Area Heating Fuel Gas Detached Garage Lot Size 0.39 Roof Cover Asphalt AEM Value - Building $213,500.00 AEM Value - Land $224,100.00 AEM Value - Other $0.00 AEM Value - Total $437,600.00
A) 46 Pin Oak Way 0.8 8/1/2024 $1,100,000 1,449 $759.14 Cape Cod 1935 5 2 1 0 Oil 0.25 Asphalt $369,600 $432,800 $15,000 $817,400
B) 33 Dove Cottage Road 0.8 5/3/2024 $675,000 1,752 $385.27 Colonial 1978 6 3 2 1 Oil 0.39 Asphalt $385,300 $255,400 $0 $640,700
C) 14 Lantern Lane 0.9 5/16/2024 $766,000 1,638 $467.64 Cape Cod 1971 4 2 2 0 Oil 0.44 Asphalt $401,400 $286,600 $2,800 $690,800
D) 6 Lantern Lane 0.9 4/8/2024 $692,159 1,528 $452.98 Cape Cod 1950 7 4 1 0 Oil 0.29 Asphalt $294,700 $265,800 $0 $560,500
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 350 Palmer Avenue 5/24/1996 $350,000 0 Conventional 1,433 0.39 2 1-1 -
  Criteria
A 46 Pin Oak Way 8/1/2024 $1,100,000 0.8 Cape Cod 1,449 0.25 2 1-0
B 33 Dove Cottage Road 5/3/2024 $675,000 0.8 Colonial 1,752 0.39 3 2-1
C 14 Lantern Lane 5/16/2024 $766,000 0.9 Cape Cod 1,638 0.44 2 2-0
D 6 Lantern Lane 4/8/2024 $692,159 0.9 Cape Cod 1,528 0.29 4 1-0
Averages 120 days $808,290 0.85 --- 1,592 0.34 --- ---  

Estimation of Market Value - $624,935

As of today, 09/19/2024, the estimated market value of 350 Palmer Avenue, Falmouth considering the above 4 comparable properties is $624,935.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 350 Palmer Avenue 5/24/1996 $350,000 0 Conventional 1,433 0.39 2 1-1 -
  Criteria
A 356 Palmer Avenue 5/24/1996 $350,000 0.0 Restaurant 3,216 0.84 0 0-0
B 336 Palmer Avenue 5/1/1953 $0 0.0 Club, Lounge 3,860 0.58 0 0-0
C 0 Palmer Avenue-Off 5/12/1952 $0 0.0 0.34 0 0-0
D 0 Palmer Avenue 12/2/1988 $0 0.0 0.12 0 0-0
E 337 Palmer Avenue 3/4/2005 $81,250 0.1 Family Conv 2,018 0.47 4 2-0
F 376 Palmer Avenue 12/2/1988 $0 0.1 Cape Cod 1,926 0.29 2 1-1
G 322 Palmer Avenue 7/25/2006 $1 0.1 Store 4,323 0.4 0 1-0
H 345 Palmer Avenue 3/12/2004 $100 0.1 Cape Cod 1,816 0.49 3 1-0
I 355 Palmer Avenue 7/11/2023 $1 0.1 Family Conv 1,876 0.52 6 3-0
J 327 Palmer Avenue 10/4/1982 $0 0.1 Bungalow 1,444 0.33 4 1-0
K 0 Skating Lane 1/1/1900 $0 0.1 0.79 0 0-0
L 373 Palmer Avenue 11/6/2023 $100 0.1 Family Conv 2,401 0.8 5 3-0
M 317 Palmer Avenue 2/28/1997 $162,000 0.1 Family Conv 3,264 0.16 0 4-0
N 9 Skating Lane 9/2/2011 $3,189,100 0.1 1.35 0 0-0
O 0 Palmer Avenue 1/1/1900 $0 0.1 0.09 0 0-0
P 0 Bramble Bush Drive 9/2/2011 $3,189,100 0.1 2.9 0 0-0
Q 17 Bauer Lane 12/31/2018 $305,000 0.1 Cape Cod 2,055 0.35 4 2-1
R 14 Minot Street 10/6/2015 $215,000 0.1 Ranch 608 0.18 2 1-0
S 400 Palmer Avenue 7/31/2000 $350,000 0.1 1.03 0 0-0
T 26 Comanche Drive 5/15/2003 $0 0.1 Colonial 3,014 0.55 4 2-1
U 302 Palmer Avenue 7/25/2006 $1 0.1 Store 2,158 0.5 0 0-0
V 303 Palmer Avenue 4/13/2017 $525,000 0.1 Professional 1,387 0.31 3 0-1
W 28 Minot Street 5/25/2006 $280,000 0.1 Ranch 914 0.35 2 1-0
X 0 Comanche Drive 1/16/1986 $0 0.1 0.3 0 0-0
Y 0 Bauer Lane 12/31/2018 $305,000 0.1 0.42 0 0-0
Z 397 Palmer Avenue 4/3/2014 $1,200,000 0.1 Branch Bank 3,030 1.39 0 0-2
- 11 Bauer Lane 10/5/2018 $425,000 0.1 Family Duplx 2,836 0.65 4 2-0
- 297 Palmer Avenue 8/21/2023 $10 0.1 Bungalow 1,022 0.37 2 1-0
- 32 Minot Street 3/3/2016 $1 0.1 Cape Cod 1,737 0.34 3 1-1
- 8 Bauer Lane 1/24/1997 $7,800 0.1 Garage 0.36 0 0-0
- 27 Minot Street 9/18/2020 $399,000 0.1 Cape Cod 1,200 0.15 3 2-0
- 0 Palmer Avenue 6/30/2000 $0 0.1 0.05 0 0-0
- 286 Palmer Avenue 9/2/2011 $3,189,100 0.1 1.22 0 0-0
- 0 Comanche Drive 1/16/1986 $0 0.1 0.78 0 0-0
- 289 Palmer Avenue 10/29/2018 $100 0.1 Cape Cod 1,761 0.26 4 2-0
- 0 Palmer Avenue-Off 5/20/1983 $0 0.1 0.36 0 0-0
Averages 9927 days $393,685 0.08 --- 1,330 0.57 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
38 02 015 000 350 Palmer Avenue